KVP CONSULTING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KVP CONSULTING
Largest movements
- Current investments +€64,996
new in 2025: €64,996
- Cash -€51,210
down €51,210 (-26.2%), from €195,725 to €144,515
mainly Current investments (-€64,996) and Other debts (-€51,997)
- Tangible fixed assets -€31,676
down €31,676 (-9.2%), from €344,962 to €313,285
of which Land and buildings: -€18,293
- Other debts -€51,997
down €51,997 (-92.4%), from €56,292 to €4,295
- Reserves +€35,500
up €35,500 (+15.7%), from €226,555 to €262,055
of which Distributable reserves: +€35,500
- Trade debts +€7,567
up €7,567 (+49.0%), from €15,454 to €23,021
- Gross operating margin -€6,712
down €6,712 (-7.3%), from €91,372 to €84,660
- Taxes -€1,435
down €1,435 (-9.1%), from €15,815 to €14,380
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €559,358 | €546,497 | -€12,861 | -2.3% |
| Fixed assets | 21/28 | €344,962 | €313,285 | -€31,676 | -9.2% |
| Tangible fixed assets | 22/27 | €344,962 | €313,285 | -€31,676 | -9.2% |
| Land and buildings | 22 | €276,803 | €258,510 | -€18,293 | -6.6% |
| Furniture and vehicles | 24 | €68,158 | €54,775 | -€13,383 | -19.6% |
| Current assets | 29/58 | €214,396 | €233,211 | +€18,815 | +8.8% |
| Amounts receivable within one year | 40/41 | €17,818 | €21,487 | +€3,669 | +20.6% |
| Trade receivables | 40 | €17,818 | €18,682 | +€864 | +4.8% |
| Other amounts receivable | 41 | - | €2,805 | +€2,805 | |
| Current investments | 50/53 | - | €64,996 | +€64,996 | |
| Cash at bank and in hand | 54/58 | €195,725 | €144,515 | -€51,210 | -26.2% |
| Deferred charges and accrued income | 490/1 | €853 | €2,214 | +€1,361 | +159% |
| Total equity and liabilities | 10/49 | €559,358 | €546,497 | -€12,861 | -2.3% |
| Equity | 10/15 | €473,641 | €509,336 | +€35,695 | +7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €226,555 | €262,055 | +€35,500 | +15.7% |
| Non-distributable reserves | 130/1 | €22,555 | €22,555 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,555 | €22,555 | = | 0.0% |
| Distributable reserves | 133 | €204,000 | €239,500 | +€35,500 | +17.4% |
| Profit (loss) carried forward | 14 | €240,886 | €241,081 | +€195 | +0.1% |
| Amounts payable | 17/49 | €85,717 | €37,161 | -€48,556 | -56.6% |
| Amounts payable within one year | 42/48 | €85,717 | €37,161 | -€48,556 | -56.6% |
| Financial debts | 43 | - | €188 | +€188 | |
| Credit institutions | 430/8 | - | €188 | +€188 | |
| Trade debts | 44 | €15,454 | €23,021 | +€7,567 | +49.0% |
| Suppliers | 440/4 | €15,454 | €23,021 | +€7,567 | +49.0% |
| Taxes, remuneration and social security | 45 | €13,972 | €9,658 | -€4,314 | -30.9% |
| Taxes | 450/3 | €13,972 | €9,658 | -€4,314 | -30.9% |
| Other amounts payable | 47/48 | €56,292 | €4,295 | -€51,997 | -92.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,104 | €31,676 | -€428 | -1.3% |
| Other operating charges | 640/8 | €2,992 | €2,518 | -€474 | -15.8% |
| Gross operating margin | 9900 | €91,372 | €84,660 | -€6,712 | -7.3% |
| Operating profit (loss) | 9901 | €56,276 | €50,465 | -€5,811 | -10.3% |
| Financial income | 75/76B | €82 | €672 | +€591 | +723% |
| Recurring financial income | 75 | €82 | €672 | +€591 | +723% |
| Financial charges | 65/66B | €862 | €1,062 | +€201 | +23.3% |
| Recurring financial charges | 65 | €862 | €1,062 | +€201 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €55,496 | €50,075 | -€5,421 | -9.8% |
| Income taxes | 67/77 | €15,815 | €14,380 | -€1,435 | -9.1% |
| Profit (loss) for the period | 9904 | €39,681 | €35,695 | -€3,986 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,681 | €35,695 | -€3,986 | -10.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.